Industrials Industrial Reference Data Updated 2026-05-31

RTX Gamma Exposure, IV Rank & Implied Volatility

RTX Corporation (RTX) options data — GEX, IV rank, options chain & Greeks

RTX options trade with implied volatility typically in the 18% - 45% range, averaging 30K+ contracts in daily volume with good liquidity. Next earnings: Check earnings calendar. Weekly options and LEAPS are available.

As of 2026-06-18, RTX's 30-day implied volatility is 26.8%, placing its IV rank at 71.0 — the 71.0th percentile of its 52-week range, an elevated, premium-selling regime favoring credit spreads, iron condors and short strangles.

Comprehensive options market data for RTX Corporation (RTX).

RTX Options at a Glance

Daily Volume: 30K+ contracts
Bid-Ask Spread: Varies by strike
Open Interest: 300K+ contracts
IV Range: 18% - 45%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: Check earnings calendar
Avg Volume
30K+ contracts
Open Interest
300K+ contracts
IV Range
18% - 45%
Liquidity
Good
Weeklies
Yes
LEAPS
Yes

1 About RTX Corporation (RTX)

RTX Corporation trades on NYSE. Options on RTX are actively traded by retail and institutional investors.

Company Profile

Sector Industrials
Industry Aerospace & Defense
Market Cap Large Cap
Exchange NYSE

Key Dates

Next Earnings Check earnings calendar
Earnings Frequency Quarterly
Dividend Schedule Varies
Fiscal Year End December

RTX is an actively traded options name in the Aerospace & Defense space.

2 RTX Options Market Overview

RTX options offer good liquidity for traders seeking exposure to Aerospace & Defense.

Average Daily Volume 30K+ contracts
Total Open Interest 300K+ contracts
Put/Call Ratio 0.6 - 1.0 typical
Typical ATM Spread Varies by strike
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Good

RTX options provide good liquidity for most trading strategies.

3 RTX Implied Volatility & IV Rank

RTX implied volatility reflects market expectations for RTX Corporation price movement.

Low IV Environment
18% - 25%
Below average volatility
Typical IV Range
25% - 35%
Normal conditions
Elevated IV
35% - 45%
Above average volatility

Earnings Impact

IV typically increases before earnings and contracts afterward (IV crush).

The post-earnings volatility drop is known as IV crush. Holders of short RTX options should also understand early assignment risk around dividends and expiration.

Historical Volatility vs IV

Compare IV to historical volatility to assess option pricing relative to realized moves.

Term Structure

Term structure varies with market conditions and upcoming events.

View RTX Volatility Lab

RTX Gamma Exposure (GEX)

Gamma Exposure (GEX) analysis for RTX shows how dealer hedging may impact price behavior.

Typical GEX Profile: GEX profile varies based on market conditions and option positioning.

Key Levels: Major put and call walls at round number strikes may act as support/resistance.

Dealer Hedging: Dealer hedging activity can influence price behavior at key gamma levels.

View Live RTX GEX

4 Common RTX Options Strategies

These are strategies commonly used by traders on RTX options, based on typical market characteristics. This is not investment advice.

Used by RTX traders for income exposure. Good liquidity supports efficient execution.

Used by RTX traders for income exposure. Good liquidity supports efficient execution.

Vertical Spreads Directional

Used by RTX traders for directional exposure. Good liquidity supports efficient execution.

Used by RTX traders for neutral exposure. Good liquidity supports efficient execution.

Used by RTX traders for time-based exposure. Good liquidity supports efficient execution.

Key Considerations for RTX Options

  • RTX options liquidity: Good - affects execution quality
  • IV range: 18% - 45% - important for premium selling strategies
  • Earnings events can significantly impact IV and option prices
  • Consider position sizing based on underlying volatility
  • Weekly options available for short-term strategies
  • LEAPS available for longer-term positioning

Frequently Asked Questions: RTX Options

What are RTX options?

RTX options are derivative contracts that give you the right to buy (call) or sell (put) RTX Corporation shares at a specific price before expiration.

How do I analyze RTX implied volatility?

RTX IV typically ranges from 18% - 25% during quiet periods to 35% - 45% around earnings and major events. Compare current IV to historical ranges to assess relative value.

What is the typical bid-ask spread for RTX options?

RTX options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.

When does RTX report earnings?

RTX Corporation typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.

What strategies work best for RTX options?

Popular RTX strategies include covered calls, cash-secured puts, and vertical spreads. Strategy selection depends on market outlook and risk tolerance.

What is the best time to trade RTX options?

The most liquid trading hours for RTX options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.

How do I calculate RTX option Greeks?

Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for RTX options across all strikes and expirations.

What happens to RTX options at expiration?

In-the-money RTX options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.

What is RTX's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence RTX's intraday price action. GEX profile varies based on market conditions and option positioning. Dealer hedging activity can influence price behavior at key gamma levels. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live RTX GEX levels and the gamma-flip point on ApexVol.

What is RTX's IV rank?

RTX's IV rank shows where RTX's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. RTX implied volatility typically ranges from 18% - 45%. Check RTX's live IV rank and percentile on ApexVol's IV analytics.

AV
Written by
ApexVol Research Team
Quantitative options research
All calculations use live ORATS institutional data — the same source used by professional volatility desks.
RS
Technical reviewer
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy
10+ years trading options. Built ApexVol's pricing engine, Greeks model, and IV-rank methodology.
This guide is updated as market conditions and ORATS data change. Last revised 2026-05-31. How we research →

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